Trump watch 16: The birth of the Trump kleptocracy – part 2 (video)


“It’s very possible that I could be the first presidential candidate to run and make money on it,” Donald Trump said back in 2000 when he was contemplating a bid that he never followed through on. And while he didn’t … Continue reading

Immorality and Paul Singer’s Elliott Management – they’re called vulture funds for a reason (video)


There are hedge funds operating in every market where underhand amoral spivs can turn a profit.  One of the most profitable and (you guessed it) ethically questionable is the market for so-called “distressed assets”. A distressed asset is a security or other … Continue reading